EXHIBIT 23.3

                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
                   -----------------------------------------


As independent public accountants, we hereby consent to the incorporation by 
reference in this registration statement of our reports dated January 23, 1996, 
included in Halliburton Company's Form 10-K for the year ended December 31, 
1995, and to all references to our firm included in this Form S-4.


                                             /s/ ARTHUR ANDERSEN LLP

Dallas, Texas
August 29, 1996